Uber rival Kapten partners with Citymapper on London travel July 17, 2019 Citymapper has teamed up with rival Kapten to offer a £10 credit to some of its users. Users of Citymappers’ pass, which was launched in March, will receive a free £10 weekly credit for rides via Kapten, the only private hire firm to have teamed up with the transport app. Read more: French ride-hailing app [...]
Mental health in the Square Mile has transformed; it must do in the NHS too February 11, 2022 I began my career in the cut throat City in 1982. It was an era when the environment was uber macho, almost completely male dominated with an incredibly aggressive culture. It was accepted that this was how you needed to be if you wanted to get on. The atmosphere of no holds barred determination to [...]
A revitalised gig economy free from controversy is in all of our best interests October 7, 2021 Back in 2009, the gig economy promised to revolutionise the relationship between companies and the people working for them. The main attraction of the gig economy is that it offers freedom; freedom to set your own rules and have the flexibility to work when it suits. This was the future of employment, but fast-forward a [...]
Uber car rental startup Splend moves headquarters to London July 31, 2019 Uber car rental startup Splend has relocated its headquarters to London as it looks to cash in on the booming ride-sharing market. The Australian company, which provides cars, training and data analytics to drivers, has set up shop in Aldgate as it prepares to grow its presence in the capital. Read more: Uber lays off [...]
Caffè Nero slurps up 82 per cent post-restrictions sales spike May 31, 2021 Caffè Nero has enjoyed a sales spike in recent weeks, as restrictions were gradually eased, while it has also repaid all of its Covid financial support. Weekly sales surged 82 per cent as outdoor seating was allowed and then restricted indoor eating was permitted in the last 13 weeks. After paying back a £12.2m Liquidity [...]
Uber and rival Ola sniffing around London’s Addison Lee July 24, 2019 Uber and Indian ride-hailing firm Ola are mulling bids for London-based taxi firm Addison Lee, which could create a powerful force in one of the world’s biggest private transport markets. Read more: Uber rival Viavan wins three year license renewal from TfL The US giant and Ola are two of “a handful” of companies talking [...]
Ecommerce fintech Booste plots London launch after €12m funding round June 15, 2021 Booste, a Polish fintech offering revenue-based financing to ecommerce companies, is planning to launch in London after raising €12m (£10m) in a fresh funding round. The startup, which was co-founded by former Uber Eats executive Jakub Pietraszek, provides ecommerce firms with funding to finance growth through digital ads on Facebook and Google, marketing campaigns and [...]
Uber to raise $750m from debt markets to fund purchase of Emirati rival Careem September 12, 2019 Uber has said it will raise $750m (£608m) of debt to help finance the purchase of rival ride-hailing company Careem, the day after California passed a bill that threatens to undermine the company’s business model. The company said the debt placement would primarily be used to raise money for its pending $3.1bn purchase of Careem. [...]
SoftBank posts highest-ever annual profit for a Japanese company May 12, 2021 Japanese investment giant SoftBank today reported a record annual group net profit of $45.8bn, putting it among the world’s biggest earning firms. SoftBank’s net income beat the $42.5bn made by Warren Buffett’s Berkshire Hathaway in its last business year and compared to a ¥962bn loss a year earlier. Market enthusiasm for tech stocks drove the [...]
Exclusive: Powerleague chief on price rises and making the ‘tinder of grassroots football’ November 18, 2022 On the eve of the World Cup, grassroots football is the focus for Powerleague boss Christian Rose, who has dragged it out of red and through pandemic with a metaphorical Cruyff Turn. The CEO has been in post for four years after being brought in during 2018 when the company was “not in great shape.” [...]